Sentences with phrase «of getting your tax break»

Based on that, some people conclude that they MUST have a huge mortgage just for the sake of getting the tax break, as if it were some great deal the government offers and it just can't be passed up.

Instead of getting a tax break upfront in the form of a deductible contribution, Roth IRAs offer you a tax benefit when you withdraw the money.

Not exact matches

To get ahead of that, he said, consider accelerating your charitable donations to capture the current tax benefit or use a donor - advised fund, which lets you make a charitable contribution and receive an immediate tax break but then distribute the funds over time.

If you haven't checked whether your medical expenses could get you a tax break on your 2017 return, it might be worth the chore of digging through records and tallying up receipts.

Goldman Sachs won't be getting as big of a break from tax reform as it had anticipated, delivering another blow to its shareholders.

Through 2010, S corporations beyond the seventh year of this so - called «built - in gains holding period» get a break: the taxes on realized gains, normally paid at the highest corporate tax rate before being taxed once more on an individual return, are waived entirely.

Finally, for the policy goal of giving high - income Canadians a tax break, it's a matter of taste about who should get what.

Tax returns could reveal whether Trump has gotten a whopper of a tax break by promising not to build luxury houses that he never seemed interested in building to begin wiTax returns could reveal whether Trump has gotten a whopper of a tax break by promising not to build luxury houses that he never seemed interested in building to begin witax break by promising not to build luxury houses that he never seemed interested in building to begin with.

On the topic of taxes, getting Section 179 and the bonus depreciation break extended is at the top of the wish list for rural communities in battle ground states like Arkansas, Kentucky and Iowa, Moore explained.

But two of the city's hottest technology start - ups, Twitter and Zynga, are threatening to leave San Francisco unless they get a break from a city payroll tax that could, given the estimated multibillion - dollar valuations of the two companies, amount to tens of millions of dollars.

1) you don't get much in terms of immediate tax break because your marginal tax rate is low 2) you end up locking up money in plans that you can't touch until you are 59 1/2 3) social security replacement rate versus your income is relatively high versus the replacement rate for higher income earners.

Governments generally get a much bigger stimulus bang for their buck when they spend directly on projects, such as roads and bridges, rather than giving cheques or tax breaks to individuals, who may choose to bank the money instead of spending it.

Despite being one of the most expensive tax breaks, costing the country — mostly the renters, who don't get the benefit — $ 77 billion in 2016, Trump and Treasury Secretary Steven Mnuchin will face massive blowback should they pursue this policy.

Business owners» views on tax fairness is also demonstrated in their reactions to certain statements: More than three - quarters (77 %) agree with the statement «Government civil servants get the biggest breaks by far because of their tax - supported pensions.»

I also see U.S. corporations getting a significant tax break which has the potential to bring more overseas jobs back to the U.S. as well as corporate tax dollars sitting offshore back home because they are not paying one of the highest corporate tax rates in the world.»

Taking the cost of the equipment as an immediate expense deduction allows the business to get an immediate break on their tax burden whereas capitalizing then depreciating the asset allows for smaller deductions to be taken over a longer period of time.

If you're thinking of hiring new employees, you could get a government grant or tax break to help with the cost.

(And the self - employed get to do this twice, although they at least get a tax break on half of the payment).

They managed to deliver tax breaks for the rich and oil companies, that's indisputable, but not on any of the «moral» issues they've used since the early 70s to get votes from religious people.

In the new tax law, note that the preservation of the despised «carried interest» tax break is an example of a how politics get manipulated by a special interest when the heat of scrutiny is replaced with the sense of political urgency.

Get rid of the tax break before you complain about gay people.

Just get rid of the tax breaks for religious affiliates and funding of religious community groups, and they will all go away.

Hmmm... I wonder what sort of tax - break a «marriage» would get from the IRS if the marriage consisted of 100 people?

Fundamentalist Islam is at war with the West and its values of intellectual and civil freedom and democracy — and it actually takes advantage of those liberties to advance its Jihad «holy war» by using tax breaks for religions to erect edifices or get subsidies for large Muslim families that are used to sway Western democracies, and, yes, suing for the right even to build a fundamentalist mosque at Ground Zero.

So truly the government needs to get out of the way - no more marriage licenses issued, no more tax breaks.

lmao obama: cleared taking out osama obama: lowered unemployement nationally obama: saved the auto industry obama: extended tax breaks needed for families obama: got us out of iraq, given he wanted to keep 30,000 troops there to aid / guide afgan forces obama: stands up for eqaul rights for gay rights

I also think he wouldn't approve of the stinginess of republicans and the way the rich get tax breaks off of the backs of the poor and middle class.

For the record, it limits the ability of all candidates to raise money as most big donors are throwing money at getting their tax breaks or government hand - outs ensured.

Are the only good reasons to get married the tax breaks and end of life decisions?

To get a tax - break, of course.

My barrage of letters to ministers shows the terrible mess people get into when they starting offering religious groups tax breaks.

Who exactly is getting the $ 7 billion in public tax breaks and subsidies handed out by various state programs and hundreds of local Industrial Development Authorities?

-- That Jon Runyan of New Jersey got a legal break in property taxes for his 25 - acre homestead by qualifying for a farmland assessment thanks to his four donkeys.

The Varick Street hydroelectric plant in Oswego is one of the Upstate hydro facilities for which Brookfield Asset Management, of Canada, got tax breaks through the Empire Zones program.

Cuomo has been adept at raising millions of dollars from interests whose businesses are impacted by Albany actions — labor unions, real estate developers, business executives, the health care industry, charter school backers, government contractors, and the film and TV companies that get tax breaks for filming in New York.

Both one - house budget bills included some form of the database, which would track the companies getting tax breaks or other benefits, the number of jobs expected, and whether key benchmarks are being met.

Cameron got nervous very quickly, and spent all of yesterday making confusing statements about a future married couples» tax break.

«We really need a more standardized and more accountable approach to evaluating whether or not we're getting the bang for the buck that's being given in terms of tax breaks and other incentives that IDAs give out,» DiNapoli said.

The Onondaga County Industrial Development Agency (OCIDA) is getting to work on the latest request from the developer of Destiny USA for a tax break to build a 252 - room hotel across the street from the mall.

As a result, he said, there are two classes of owners in the community — those whose homes are getting the tax break and those who aren't.

De Blasio said passing the mansion tax would «even up the score» for wealthy people and big corporations likely to get a tax break courtesy of President Trump and congressional Republicans.

Yahoo's donations are «a drop in the bucket compared to the magnitude of the tax breaks they're getting» said Newfane resident Edwina Luksch.

They include looking at how luxury real estate developers got a tax break secretly buried in a law passed last January, and they refer to e-mails from a trade association that sponsored a fundraiser for Assembly Democrats that specifically said contributions of $ 10,000 per attendee were necessary to get favorable laws enacted and stop «terrible» ones from happening.

NBC and Comcast donate tens of thousands of dollars to the governor and then reap the benefit of $ 10 million in tax breaks for The Tonight Show and America's Got Talent.

Silver is also accused of using his political influence to ensure that Glenwood got sizable tax breaks and favorable rent - control regulations.

The Empire Center broke the news this week that the state Department of Taxation and Finance is working on an unincorporated business tax that might allow partners at law firms and investment banks and similar high - paying places to get around the federal limitation on deducting state and local taxes.

The 15.3 % FICA tax is broken down as follows: Social Security (Employee pays 6.2 %) Social Security (Employer pays 6.2 %) Medicare (Employee pays 1.45 %) Medicare (Employer pays 1.45 %) That's why they want to get rid of it.

Perkins also wants New Yorkers to call Gov. Andrew Cuomo in hopes of getting him to drop his opposition to extending the millionaire's tax to pay for programs that combat violence, including «the terrible violence that happens when tax - breaks for the rich are given a priority over programs that empower the majority.»

And then there's the tax issue: he doesn't want to «aggravate» anyone, but those who choose to get married deserve tax breaks because of their commitment.

Everytime some real estate developer gets a property tax break, the rest of us have to pick up more of the slack.